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10 PHWRs is a historic step by Indian government: KBL

— By our bureau | May 20, 2017 12:20 am

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New Delhi : Recently, Union minister Piyush Goyal had announced setting up of 10 pressurised heavy water reactors (PHWRs) for nuclear power generation. Kirloskar Brothers Limited (KBL) congratulated the government on this move.

While congratulating Indian government for the significant announcement, Sanjay Kirloskar, chairman and managing director of Kirloskar Brothers Limited (KBL) said, “We welcome the Union Power and Coal Minister Piyush Goyal’s announcement to set up 10 Pressurised Heavy Water Reactors (PHWRs) for nuclear power generation. It is great to learn that the capacity (7000MW) of these indigenously-built plants will be more than the existing overall nuclear power capacity in the country. For a power-deficient country like India, this is a great development and we are looking forward to the implementation of this project.”

KBL termed this move as a historic step for India. “We are confident that the new indigenously-developed nuclear power plants will go a long way in reducing the perennial energy deficit that the country has been living with. We feel this initiative will bring about a renewed vigour in the country’s power generation sector, as it has the potential to create about 33,000 jobs and generate Rs 70,000 crore of revenues.”

KBL has been associated with BARC and NPCIL for decades, and has been participating in their various nuclear power project programs, in the past.